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North Chicago, IL Multifamily Homes & Duplexes for Sale

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  • /22

    $250,000

    • 7 Beds
    • 3 Baths

    1542 Jackson St, North Chicago, IL 60064

    Fully occupied, cash-flowing 2-unit in North Chicago! Features a 3 bed/1 bath unit on the main floor and a 4 bed/2 bath unit upstairs, plus semi-finished attic space. Includes unfinished basement, front driveway, rear parking off alley, and detached shed/garage. Turnkey investment with strong rental income.

    Kathryn Daniel Dillon Realty LLC

    1542 Jackson St, North Chicago, IL 60064
  • /20

    $429,900

    • 8 Beds
    • 4 Baths

    2137 Dickey Ave, North Chicago, IL 60064

    Don't miss this FANTASTIC INVESTMENT OPPORTUNITY in North Chicago! Perfect for traditional rental income. Four total units, each with 2 bedrooms and 1 bathroom. All units feature new appliances, granite countertops, and fresh paint. New water heater (2021) and newer furnace (2016) Ease to add AC to. Each unit has two assigned parking spaces. Convenient location near the Naval Base, library,

    Jorge Trujillo RE/MAX American Dream

    2137 Dickey Ave, North Chicago, IL 60064
  • /50

    $1,339,500

    1542 Victoria Ave, North Chicago, IL 60064

    Turnkey 6-Unit Multifamily Gem with over 9% Cap Rate. Fully Renovated from Top to Bottom Prepare to be impressed by this *absolutely stunning* 6-unit multifamily property-an investor's dream offering a strong **9% cap rate** and *zero deferred maintenance*. This building has been completely transformed through a full-scale, professional rehab-*gutted to the studs and rebuilt with precision and

    Basel Tarabein RE/MAX At Home

    1542 Victoria Ave, North Chicago, IL 60064
  • /6

    $205,000

    • 3 Beds
    • 2 Baths

    1702 Lincoln St, North Chicago, IL 60064

    Enjoy the benefits of hard to find 2 units. Solid home with long time tenants allows an investor passive income plus tax write-offs. Owner pays water & sewer, tenants pay all other utilities and take care of yard maintenance. The rents should be much higher and leases are M/M. North Chicago inspection certificate available. We do not wish to alarm the tenants so the listing agent will

    David LoBue Callahan Blandings & Schaper

    1702 Lincoln St, North Chicago, IL 60064
  • /16

    $236,870

    • 5 Beds
    • 2 Baths

    1617 Grove Ave, North Chicago, IL 60064

    This spacious 2-flat home offers two units totaling 5 bedrooms and 2 bathrooms, with approximately 2,246 square feet of living space. Ideally located near schools, shopping, major highways, and employment centers, this property presents a great opportunity for both investors and owner-occupants. No Buyer Premium on this property. The buyer has the right to select their own title/closing company.

    Anthony Disano Parkvue Realty Corporation

    1617 Grove Ave, North Chicago, IL 60064

Why Live in North Chicago

North Chicago, Illinois, a naval town on the edge of Lake Michigan, has a population of 30,000 and offers a small-town feel just 40 miles from Chicago. Known for the Naval Station Great Lakes, the only training command for U.S. Navy recruits, the city also serves as a bedroom community with many residents commuting to work. Public transportation is prominent, with a busy Metra rail station providing direct routes to downtown Chicago and Milwaukee. Local attractions include several parks, a nature preserve, and a beach overlooking Lake Michigan. Foss Park, adjacent to the public beach, features a skate park, playground, ball fields, and an 18-hole golf course. The Greenbelt Forest Preserve offers miles of hiking and biking trails. The National Museum of the American Sailor is located on the military base. Housing in North Chicago is more affordable compared to the national median, with many homes built between the 1900s and 1950s, including Cape Cods, bungalows, and colonials. Great Lakes Central is an upscale suburban neighborhood, while Argonne Park and Argonne Heights offer more affordable options. Dining options along Green Bay Road and Martin Luther King Junior Drive include American comfort food, Mexican, Thai, Italian, and Caribbean cuisines. The North Chicago Farmers Market provides locally sourced produce during the summer. Community events such as Community Days and Fiestas Patrias celebrate local culture with food, music, and parades. The city is safer than the national average, with lower rates of violent and property crime.

Home Trends in North Chicago, IL

Housing Trends

Median Sale Price
$151,000
Median Single Family Sale Price
$209,900
Median 2 Bedroom Sale Price
$151,000
Median 1 Bedroom Sale Price
$135,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$209,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
27%
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